Greece boosts gas consumption as US LNG deliveries surge

Greece has increased its gas consumption last year as US LNG deliveries via DESFA’s Revithoussa terminal rose more than six times when compared to the year before.

DESFA said in its yearly report that 2020 marked a record year for Greek gas consumption which increased by 9.5 percent compared to the year before.

Consumption in the January-December period reached 63.1 million Megawatt hours (MWh) or 5.48 Bcm, compared to 57.4 million MWh in 2019, the Greek gas grid and LNG terminal operator said.

Total imports stood at 70.6 million MWh or 6.12 Bcm with 46 percent of these volumes coming to the Revithoussa terminal.

In addition, regasification volumes totaled 32.6 million MWh or 2.8 Bcm, a rise of 3.8 percent year-on-year, DESFA said, adding LNG dominated over pipeline gas due to lower prices last year.

The Revithoussa terminal in total received 49 LNG tankers from 8 countries last year, compared to 50 in 2019.

Out of these volumes, US LNG deliveries rose from 2.5 million MWh in 2019 to 16.1 million MWh last year, accounting for 48 percent of all LNG imports, DESFA said.

Qatar also recorded double digits of 22 percent, followed by Nigeria and Algeria with 9 percent. Norway, Egypt, France and the Netherlands supplied 3 percent of the total, each.

- Advertisements -

Most Popular

NextDecade, Bechtel preparing Rio Grande LNG site ahead of FID

NextDecade, the US developer of the Rio Grande LNG export plant, and compatriot engineering and construction giant Bechtel are...

VesselsValue: Japan has the world’s most valuable LNG fleet

Japan owns the world’s most valuable fleet of liquefied natural gas (LNG) carriers, followed by Greece and South Korea,...

Gasunie working to further boost Dutch LNG import capacity

Dutch gas transmission network operator Gasunie is working to further boost the regasification capacity in the European country besides...

More News Like This

DESFA: Revithoussa FSU gets first LNG cargo

GasLog’s 2006-built LNG vessel, GasLog Athens, has started serving as a floating storage unit at DESFA’s Revithoussa LNG import...

DESFA says Greece received 60 LNG cargoes in January-September

Greek liquefied natural gas imports via the Revithoussa terminal jumped to record 60 cargoes in the January-September period due...

DESFA launches Revithoussa LNG truck loading station

Greece's DESFA has launched a truck loading station at its LNG import terminal located on the island of Revithoussa. DESFA,...

First cargo from Gazprom’s Portovaya LNG terminal to land in Greece

DESFA’s Revithoussa liquefied natural gas import facility in Greece is preparing to receive the first cargo produced at Gazprom's...